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GPSSA Board Reviews Strategic Progress and Rising Pension Statistics in Q1 2025 Meeting

GPSSA Board Reviews Strategic Progress and Rising Pension Statistics in Q1 2025 Meeting
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Mubarak Rashed Al Mansoori, Chairman of the General Pension and Social Security Authority (GPSSA), chaired the Authority’s second board meeting of 2025 on Thursday, leading discussions on strategic developments, financial updates, and key performance indicators.

The session opened with the approval of the previous meeting’s minutes and continued with updates from four key committees: Internal Audit and Risk, Development and Improvement, Investment, and HR and Remuneration.

The board reviewed progress on the Ma’ashi digital platform and approved the financial performance report for February 2025. Members also assessed updates related to GPSSA’s strategic plan for 2025–2027 and reviewed investment performance through February.

March 2025 statistics reflected strong growth across several indicators. The number of active contributors rose to 154,619 — up by 28,728 from 125,891 in March 2024. Registered employers also increased significantly to 19,980, compared to 15,615 a year earlier.

The number of pensioners grew to 21,227 from 20,350, while the number of beneficiaries slightly declined to 8,325, down from 8,338.

In terms of disbursements, pensions paid out in March 2025 reached AED536.4 million — a year-on-year increase of nearly AED57 million.

The meeting concluded with the review of additional agenda items supporting GPSSA’s ongoing efforts to enhance service delivery, ensure financial sustainability, and align with the Authority’s strategic objectives.

News Source: Emirates News Agency

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Shahba Mayyeri

Written by Shahba Mayyeri

Shahba is a Content Creator at HiDubai with 3 years of experience in crafting compelling stories and articles. She holds a Master’s degree in Media and Communications from MAHE Dubai.
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